by: Brian Stelter | The New York Times

The Chicago News Cooperative, a nonprofit news organization that provided news to The New York Times and tried to compete online with The Chicago Tribune and The Chicago Sun-Times, will suspend operations the week of Feb. 26, its editor, James O’Shea, said.

The decision came after the main supporter of the cooperative, the John D. and Catherine T. MacArthur Foundation, changed the types of grants that it could quality for, effectively reducing its potential financing.